WEB ARTICLE

(Posted October 3, 2011)

Private construction in Western Visayas reaches 3,703 in 2010

The region’s private construction from approved building permits summed up to 3,703 in 2010 showing a 10.77 percent decrease over the 2009, brought about by the 6.18 and 3.31percent drop in residential and non-residential private construction.

In terms of floor area, a 21.09 percent increase was noted in 2010 over the previous year. Non-residential construction posted a double digit growth of 48.80 percent accounting 55.32 percent of the regional total floor area. Average cost per square meter of non-residential is on the average of Php7,399.00 per square meter.

The province of Negros Occidental had the most number of private constructions with a total of 1,995 accounting for 52.80 percent of the regional total. Following with a large gap are the provinces of Iloilo (896 or 24.20%), Capiz (349 or 9.42%), Aklan (278 or 7.51%), and Antique (211 or 5.69%). Guimaras has the least number with only 14 or less than one percent.

Combined value for residential and non-residential private construction of the region grew by 5.56 percent in 2010 over the 2009. Value of non-residential surge to 11.17 % (Php3.59 billion), while residential construction grew by only 3.56 percent.

Among the six provinces of the region, Antique and Negros Occidental showed a remarkable growth in the value of private construction with 408.03 percent and 59.27 percent, respectively. The significant improvement in the two provinces is fuelled by the non-residential private construction which grew by 400 percent in Antique in 2010 from 63.65 million in 2009 to 318.27 million and 187.32 percent in Negros Occidental.

VALUE & GROWTH RATE OF PRIVATE BUILDING CONSTRUCTION BY PROVINCE: 2010
Province	Total Value (in '000)		Growth Rate	Value of Residential (in '000)		Growth Rate	Value of Residential (in '000)		Growth Rate
Province	2010	2009	2009-2010	2010	2009	2009-2010	2010	2009	2009-2010
Western Visayas	7,139,916	6,763,910	5.56	3,042,441	2,937,970	3.56	3,593,930	3,232,755	11.17
Aklan	759,184	1,169,819	(35.10)	242,730	294,373	(17.54)	288,341	810,945	(64.44)
Antique	453,439	149,436	203.43	120,069	79,753	50.55	318,265	63,653	400.00
Capiz	484,232	566,266	(14.48)	272,031	285,154	(4.60)	173,573	215,380	(19.41)
Iloilo	1,955,120	2,669,642	(26.76)	781,865	995,120	(21.43)	1,061,017	1,536,765	(30.96)
Negros Occidental	3,462,013	2,173,724	59.27	1,619,164	1,252,916	29.23	1,734,381	603,638	187.32
Source: National Statistics Office


	The NSCB RD6 Office is at Luna St. La Paz, Iloilo City, 5000 Philippines Tel/Fax No. (033)-320-0513 URL: http://www.nscb.gov.ph/ru6 Email: nscb6@yahoo.com	Updated October 3, 2011 For Comments/Suggestions please write the WEBMASTER

WEB ARTICLE

(Posted October 3, 2011) Private construction in Western Visayas reaches 3,703 in 2010

(Posted October 3, 2011)

Private construction in Western Visayas reaches 3,703 in 2010